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  1. K

    The Meadows, Lake Forest by Toll Brothers

    Are they going to add schools though? With baker ranch, serrano summit and now the meadows all in close vicinity will overcrowding be an issue for schools?
  2. K

    How does property tax gets evaluated?

    Follow up question: are all houses evaluated individually? As in my neighbor that bought 5 years ago will be evaluated with his purchase price of 700k while mine at 1M will be evaluated at 1m? Or is the whole neighborhood gets evaluated at some kind of average?
  3. K

    Where the market is - Buyer Offers

    With this hot market how are the appraisals? We had our offer accepted but it was $80k higher than the same floor plan sold 3 month ago. Now worried about appraisal not keeping up with the market  :(
  4. K

    Does lease back affect the sale price?

    We are looking at a house that the agent has informed us the seller wants 2 to 6 month lease back. Generally do these houses go for a cheaper price because of it or do they have the same pricing as others? We are in no hurry to move if it nets us a deal but otherwise we would rather not deal...
  5. K

    How does property tax gets evaluated?

    I am looking at the houses that have $8000 tax from last year. However that is evaluated based on the property worth $780k. If I buy that home for $1m, does that mean the property tax will be evaluated based the $1m sale price for next year?
  6. K

    Offer on two properties at the same time?

    After losing about 5 bids now, we feel like we are missing out on some other options that came out the same week. Is it possible/legal/recommended to make multiple bids then retract offer as soon as one of them comes back?
  7. K

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    But Redfin will!https://www.redfin.com/CA/Irvine/100-Headwaters-92602/home/143911345?2093706699
  8. K

    Where the market is - Buyer Offers

    Offered $1.02m on this:https://www.redfin.com/CA/Irvine/101-Island-Coral-92620/home/112723630?2093706699and it sold for $1.1m Really hard second guessing if my goal of getting a newer (2010+) property with a medium yard (not a tiny patch of concrete) under $1.05m is realistic. Looking...
  9. K

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Definitely normal to see inflation, however I wouldn?t be surprised if the valedictorian is around 4.4 too as these days in good schools the difference between valedictorian and top 20 is a single ?B? grade. Plenty people get straight As in every class they take. The valedictorian isn?t going to...
  10. K

    Waiving all contingencies on an offer the norm?

    We are writing an offer now for a 2014 property in Irvine and our agent advised us to waive all the contingencies if we can as it is the normal these days. Loan I kind of get since we are approved for about 10% higher than what our offer is. Appraisal seems fine too as another house down the...
  11. K

    Is it true great park mello roos is over $1000 a month?

    Just starting to look for homes in Irvine area, my coworkers said that, Any current residents can comment if that is true? Wouldn?t that equate to $200k worth of loans? (As in monthly payment for $1m elsewhere would be equal to $800k at GP?) If this is true why would anyone buy great park? Am...
  12. K

    Azalea: New Low Cost or Investment Homes for Cypress Village

    I know we are getting off topic quite a bit now but there are plenty of newly graduated college kids in tech (google, amazon, etc) that makes $150k a year, easily can afford $4k rentals but don?t have the savings. Similarly there are a lot of people in tech that doesn?t want to buy because their...
  13. K

    Azalea: New Low Cost or Investment Homes for Cypress Village

    Yeah we are debating hard on whether to see if we can get a decently new 2 story 3bd or something in baker ranch, at around 950k as that?ll probably be the final price for the largest plan at azalea which we are looking at. Given that we are buying for a long term home to live in, the...
  14. K

    Azalea: New Low Cost or Investment Homes for Cypress Village

    Anyone dealt with their design center before to know roughly how much all the upgrades would be? Such as flooring, counter and master bath?
  15. K

    The Meadows, Lake Forest by Toll Brothers

    when do you think the prices will come out for these? the wife wants to wait for toll brother but I feel like it would be priced way higher than our budget and we waste a few month of looking time. If it really would be June I think I can wait but if its September/October its too much of a wait...
  16. K

    New Listing - Castellina condo @ Covenant Hills in Ladera Ranch (19 Tuscany)

    How is ladera ranch in general? Seems to be an cheaper option now that Irvine price is super high. How is the commute up the 5 to Irvine once covid work from home ends?
  17. K

    Where the market is - Buyer Offers

    I think it is your existing property must be sold. At least that is what cal pacific told me as mine is closing next month and their new build isn?t expected to finish until November. I said given I got 14 offers I am fully confident that it?ll sell way before October escrow start date. But...
  18. K

    Where the market is - Buyer Offers

    Yup all contingencies were waived, closing on the 24th of may. I already received the earnest money in my account and they are approved for double the selling price from their lender (very reputable lender in this area). I tried to buy Brisa this weekend and they flatly rejected us for not...
  19. K

    Where the market is - Buyer Offers

    Unfortunately we are in the even lower 800-900k bracket, so probably no shot for contingent offers.
  20. K

    Where the market is - Buyer Offers

    I am in a situation where my house in Seattle is in escrow and moved to Irvine. At this point should I even bother looking at houses in Irvine as sellers probably won?t consider the contingency for the pending sale? On one hand I don?t want to waste money continuing the short term rental but...
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